In this episode with SEC Commissioner Hester Peirce we discuss:
- The approval of 11 spot Bitcoin ETFs and her criticism of the delays
- SEC's hacked X account ahead of the ETF approval
- Why the SEC took issue with in-kind redemptions
- Crypto regulation and how Bitcoin is different
- Are current securities laws sufficient or do we need a new framework for evaluating digital assets?
- What is the biggest misconception about the SEC?

Bio: Hester M. Peirce was appointed by President Donald J. Trump to the U.S. Securities and Exchange Commission and was sworn in on January 11, 2018.

Prior to joining the SEC, Commissioner Peirce conducted research on the regulation of financial markets at the Mercatus Center at George Mason University. She was a Senior Counsel on the U.S. Senate Committee on Banking, Housing, and Urban Affairs, where she advised Ranking Member Richard Shelby and other members of the Committee on securities issues. Commissioner Peirce served as counsel to SEC Commissioner Paul S. Atkins. She also worked as a Staff Attorney in the SEC’s Division of Investment Management. Commissioner Peirce was an associate at Wilmer, Cutler & Pickering (now WilmerHale) and clerked for Judge Roger Andewelt on the Court of Federal Claims.

Follow Commissioner Peirce on X:   / hesterpeirce  .
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Timecodes:
00:00 Intros & Reaction to ETF approval
02:20 Why did SEC treat Bitcoin differently?
03:32 Is Chair Gary Gensler for or against Bitcoin?
05:49 Was SEC’s X account hacked?
08:02 Why should Americans be able to access Bitcoin?
10:24 How is Bitcoin different from crypto?
12:47 Is current securities law sufficient for evaluating digital assets?
15:07 Should Congress act to help provide clarity?
15:56 How will progress happen during election year?
20:55 SEC vs crypto exchanges and token issuers
23:30 Why did SEC approve all spot Bitcoin ETF applications?
24:24 Why did SEC have issue with in-kind redemptions?
25:46 Does it get awkward at SEC when there’s dissent?
27:03 Biggest misconception about the SEC
28:13 Why do we need regulation and government oversight?
31:37 Can SEC employees hold Bitcoin?
33:40 Commissioner Peirce origin story & background
35:37 Final thoughts and how to reach Commissioner Peirce
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This podcast is for educational purposes and should not be construed as official investment advice.
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